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Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.

Coinbase logo on a laptop computer (Piggybank/Unsplash)
Coinbase logo on a laptop computer (Piggybank/Unsplash)